Business

Snowflake Leads Software Rally on AI Frenzy

Updated 2026-05-28 14:20 UTC 1 source Positive

Snowflake's stock surged 35% to its best day ever, driving gains in other software companies like ServiceNow and Palantir. Salesforce was the only major player not participating in the rally.

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CNBC

Snowflake surges 35% toward best day ever on AI frenzy, fueling software rally

The Snowflake rally also lifted shares of ServiceNow, Oracle and Palantir, while Salesforce bucked the trend.

2026-05-28 14:15 UTC